制度开放、外贸升级与出口企业ESG——来自跨境电商综试区的证据  

Institutional Openness,Foreign Trade Upgrading,and ESG of Export Enterprises--Evidence From Cross-border E-commerce Pilot Zones

作　　者：刘礼稳 张振堃 文杰 Liu Liwen;Zhang Zhenkun;Wen Jie(School of Finance,Jiangxi University of Finance and Economics,Nanchang 330013,China;Finance Department,Jiangxi Youth Vocational College,Nanchang 330045,China;School of Management,Jinan University,Guangzhou 510632,China)

机构地区：[1]江西财经大学金融学院,南昌330013 [2]江西青年职业学院计划财务处,南昌330045 [3]暨南大学管理学院,广州510632

出　　处：《工业技术经济》2025年第5期84-98,共15页Journal of Industrial Technology and Economy

基　　金：江西省高校人文社会科学2023年度项目“债权人保护与投融资期限错配——基于破产法庭设立的证据”(项目编号:JJ23230);江西省教育厅科学技术2024年度研究项目“新质生产力导向下金融科技如何赋能企业创新--基于机器学习的分析”(项目编号:GJJ2407901)。

摘　　要：制度开放是构建国内国际双循环新发展格局的重要举措。本文利用跨境电商综试区试点政策,运用三重差分模型探究了制度开放对出口企业ESG的影响。研究发现跨境电商综试区显著促进了出口企业ESG表现。这一结论经过一系列稳健性检验后依然成立。进一步的机制探索揭示,跨境电商综试区有助于出口企业新建外贸供应链关系进而积极作用于我国出口企业ESG绩效的提升。异质性分析则揭示了政策效果的差异性:跨境电商综试区对ESG的促进作用在国有、非重污染及非高科技行业的企业中更为显著。这些发现不仅丰富了制度开放与企业ESG理论,也为后续深化我国制度开放、精准施策以推动外贸升级、提升出口企业ESG水平提供了实证依据与策略启示。Institutional openness is an important measure to build a new development pattern of domestic and international dual circulation.This article explores the impact of institutional openness on ESG of export enterprises using the pilot policy of crossborder e-commerce comprehensive pilot zone and the triple difference model.Research has found that cross-border e-commerce pilot zones significantly promote the ESG performance of export enterprises.This conclusion still holds true after a series of robustness tests.Further mechanism exploration reveals that the cross-border e-commerce comprehensive pilot zone promotes the establishment of new foreign trade supply chain relationships among export enterprises,which in turn actively affects the improvement of ESG performance of Chinese export enterprises.Heterogeneity analysis reveals the differences in policy effectiveness:the promotion effect of cross-border e-commerce pilot zones on ESG is more significant in state-owned,non heavily polluting,and non high-tech industries.These findings not only enrich the theory of institutional openness and corporate ESG,but also provide empirical evidence and strategic insights for deepening Chinas institutional openness,implementing precise policies to promote foreign trade upgrading,and enhancing the ESG level of export enterprises in the future.

关 键 词：制度开放 外贸供应链 ESG 跨境电商综试区 出口企业 三重差分模型 外贸升级 信息化建设 

分 类 号：F272[经济管理—企业管理] F752[经济管理—国民经济]